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Qingdao Gon Technology Co (SZSE:002768) Cyclically Adjusted PB Ratio : 3.00 (As of Jul. 07, 2025)


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What is Qingdao Gon Technology Co Cyclically Adjusted PB Ratio?

As of today (2025-07-07), Qingdao Gon Technology Co's current share price is ¥30.82. Qingdao Gon Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥10.26. Qingdao Gon Technology Co's Cyclically Adjusted PB Ratio for today is 3.00.

The historical rank and industry rank for Qingdao Gon Technology Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:002768' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.88   Med: 2.47   Max: 3.7
Current: 2.86

During the past years, Qingdao Gon Technology Co's highest Cyclically Adjusted PB Ratio was 3.70. The lowest was 1.88. And the median was 2.47.

SZSE:002768's Cyclically Adjusted PB Ratio is ranked worse than
68.54% of 1227 companies
in the Chemicals industry
Industry Median: 1.62 vs SZSE:002768: 2.86

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Qingdao Gon Technology Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥18.578. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ¥10.26 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qingdao Gon Technology Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Qingdao Gon Technology Co's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Qingdao Gon Technology Co Cyclically Adjusted PB Ratio Chart

Qingdao Gon Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.49 2.35

Qingdao Gon Technology Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.26 2.07 2.30 2.35 2.39

Competitive Comparison of Qingdao Gon Technology Co's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Qingdao Gon Technology Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Qingdao Gon Technology Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Qingdao Gon Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Qingdao Gon Technology Co's Cyclically Adjusted PB Ratio falls into.


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Qingdao Gon Technology Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Qingdao Gon Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.82/10.26
=3.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Qingdao Gon Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Qingdao Gon Technology Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=18.578/115.1156*115.1156
=18.578

Current CPI (Mar. 2025) = 115.1156.

Qingdao Gon Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.831 99.500 3.275
201509 2.877 100.500 3.295
201512 2.978 100.600 3.408
201603 3.008 102.200 3.388
201606 3.122 101.400 3.544
201609 3.246 102.400 3.649
201612 3.458 102.600 3.880
201703 3.499 103.200 3.903
201706 3.679 103.100 4.108
201709 3.917 104.100 4.331
201712 4.204 104.500 4.631
201803 6.621 105.300 7.238
201806 6.744 104.900 7.401
201809 7.031 106.600 7.593
201812 7.448 106.500 8.051
201903 7.753 107.700 8.287
201906 7.953 107.700 8.501
201909 8.258 109.800 8.658
201912 8.788 111.200 9.097
202003 9.163 112.300 9.393
202006 10.656 110.400 11.111
202009 11.178 111.700 11.520
202012 11.420 111.500 11.790
202103 11.827 112.662 12.085
202106 12.408 111.769 12.779
202109 12.930 112.215 13.264
202112 12.815 113.108 13.042
202203 13.251 114.335 13.342
202206 13.951 114.558 14.019
202209 14.526 115.339 14.498
202212 15.010 115.116 15.010
202303 15.393 115.116 15.393
202306 15.687 114.558 15.763
202309 16.251 115.339 16.220
202312 16.500 114.781 16.548
202403 16.961 115.227 16.945
202406 16.917 114.781 16.966
202409 17.583 115.785 17.481
202412 18.325 114.893 18.361
202503 18.578 115.116 18.578

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Qingdao Gon Technology Co  (SZSE:002768) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Qingdao Gon Technology Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Qingdao Gon Technology Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Qingdao Gon Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Xuhonghong Street, No. 2 Road, Qingda Industrial Park, Chengyang District, Shandong Province, Qingdao, CHN, 266109
Qingdao Gon Technology Co Ltd is engaged in the production and sales of modified plastic particles, modified plastic products, and functional plastic plates. Modified plastic particles mainly include series of flame-retardant, weatherproof, reinforced, heat-resistant, high-brightness and other plastic alloys. The company products include air-conditioner components, washing machine components, TV rear cover, air-conditioner panel, and others.
Executives
Wang Jun Supervisors
Wang Ai Guo Directors, executives
Zhou Xing Directors, executives

Qingdao Gon Technology Co Headlines

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